A lender is short on a 90-day FRA on the 180-day BB corporate bond yield. The agreed upon rate of the FRA contract is 15.7% and the notional amount is $500,000. 30 days after the lender entered the contract, the forward rate on a 60-day FRA on the 180-day BB corporate bond yield is 15.54. On this day you can observe the following spot BB corporate rates.

90-day: 2.35%

180-day: 2.44%

270-day: 2.83%

360-day: 2.51%

Provide your answer in dollars rounded to two decimals